Proposition 1A: High Speed Rail Bonds

image I’m going to work through each of the California Propositions here on the blog to give you my point of view on them.  I won’t necessarily go into depth with my thinking, but I’ll provide some basic information on the Prop, what it does, and my point of view on it.  You should do some research for yourself.  These Propositions are important – and while the Presidential Election gets all the attention these things are a big deal.

This measure would authorize the state to sell $9.95 billion in general obligation bonds to build a high speed rail system linking Southern California, the Sacramento/San Joaquin Valley, and the San Francisco Bay Area.

My vote: No.

Why: While I like the idea of this railway, I can't see how California can afford it.  Our budget is already jacked up, our State is already spending too much money, and obligating us to build this railway is not going to help the situation.  Here’s a pretty compelling report on why this is a terrible idea.  Unfortunately the Prop is polling pretty well because as usual people think “oooh pretty train” and not “oooh billions of dollars to be spent.” 

Get more information yourself.

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